Oireachtas Joint and Select Committees
Wednesday, 29 November 2023
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance (State Guarantees, International Financial Institution Funds and Miscellaneous Provisions) Bill 2023: Committee Stage
Jennifer Carroll MacNeill (Dún Laoghaire, Fine Gael) | Oireachtas source
I could not agree more. The Bill attempts to provide the legal basis to facilitate our participation in multilateral support. It is the very essence of supporting multilateral institutions. Of course, we regard that as an appropriate response to the global instability we see. The Bill would facilitate, at a more micro level, our contribution agreements with the European Investment Bank, the Council of Europe Development Bank and the European Bank for Reconstruction and Development to enable contributions to trust and donor funds established by them and really help Ireland's timely participation in the international responses by those international financial institutions in support of Ukraine, or indeed provide the basis for our support in dealing with any as-yet-unanticipated crises.
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